Stop-Loss query

[sabrehill44]

Hi, I've just started implementing a stop loss into my betting but can't understand the prices I'm getting.

I've put in lays at 3.0 and stop loss at 1.94 in running.

I've seen a few of these lays matched then hit 1.94 dart out to 2 and above for a few secs and then retract and go on to win.

However i find that I'm being matched at back prices like 1.44 etc as my stop loss.

I know inrunning prices fluctuate quickly but even so I'm expecting to get out at 1.94 or have an unmatched back at 1.94 and am wondering why I'm being matched at much lower prices?

I have ticked enabled, odds, put 1.94 in the box, and ticked level loss.
'chase if unmatched' is not ticked and 'chase delay' is at 1.

thanks in advance.

[GaryRussell]

I'm afraid the stop loss feature doesn't work how you are expecting it to.

1.94 is the trigger price. It does not mean it will place the stop loss at 1.94.

If the best lay price drops below the trigger price (1.94) then the back bet will be placed at the current best lay odds less 1 tick. Therefore the price must have dropped straight past 1.94 to 1.45.

[sabrehill44]

cheers Gary, I appreciate the quick reply and will make some adjustments.

could i just pick your brains on a bog standard q probably asked many times?

what is the difference between a level loss and sliding loss?

tia

[GaryRussell]

You shouldn't compare sliding loss to level loss, it's not a case of using one or the other, they can both be used together if required.

Level loss calculates the stake required to spread the loss across all selections.

Sliding loss: for example your lay bet is initially matched at 3.0 and the stop loss is set to trigger at 1.94. For every tick the odds increase the stop loss increase by a tick. Say the odds went up to 4 (20 tick increase) then the stop loss would increase to 2.28. Therefore if it slides far enough the stop loss could end up being triggered above your initial lay and you end up with a profit instead of a loss even though the stop loss triggered.

[sabrehill44]

Ah, good stuff! Cheers Gary, very helpful.